News

BIMCO, the world’s largest shipowner association, has published two sulphur content related bunker clauses aimed at facilitating the industry’s switch to low sulphur fuels in 2020.
The two clauses are BIMCO 2020 Marine...

Exhaust Gas Cleaning Systems Association (EGCSA) has criticized the decision of the Maritime and Port Authority (MPA) of Singapore to ban the discharge of wash water from open loop scrubbers in Singaporean waters in 2020...

Ocean Network Express (ONE) sees adoption of low-sulphur compliant hybrid oil as the most realistic and cost-efficient, but short-term solution, for becoming compliant with the 2020 sulphur cap.
“We are still also...

DHT Holdings plans to fit exhaust gas cleaning systems on two thirds of its very large crude carriers to comply with the impending 2020 sulphur cap.
The retrofit program covers 16 ships built between 2004 and 2012, which...

Monaco-based tanker owner and operator Scorpio Tankers has entered into an agreement to purchase exhaust gas cleanings systems for 42 of its vessels in 2019 and for 10 of its vessels in 2020.
The total value of these...

The move of the world’s top bunkering port, the Port of Singapore, to ban the discharge of wash water from open loop scrubbers in its waters come 2020, is a small victory, according to President and CEO of Tsakos Energy...

The Port of Singapore plans to prohibit the discharge of wash water from open-loop exhaust gas scrubbers in its waters when the 2020 fuel oil sulphur limit enters into force, Andrew Tan, Chief Executive of the Maritime...

Eagle Bulk Shipping is upping the ante when it comes to scrubber investments having exercised options to purchase 15 additional exhaust gas cleaning systems.
The company joins other bulk shipping counterparts that are...

Singapore-listed dry bulk owner and operator Pan Ocean booked higher profits in the third quarter of 2018 reaping fruits of stronger market.
Namely, the company recorded USD 38 million profit in 2018 3Q, against USD 36.9...

Danish transportation and logistics giant Maersk doesn’t see a strong need to pursue mergers and acquisitions in the following year, according to the company’s CEO Søren Skou.
As explained, the company has over 20 pct...